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Farnham Street, Leicester

East Midlands

£200,000

Listed on 09/06/2026

Property Details

Bedrooms
3
Type
End Of Terrace
Area
897 sqft

Description

This end-terraced three-bedroom home in the Spinney Hill area of Leicester presents a promising renovation opportunity for both homeowners and investors. The traditional configuration features two reception rooms, a kitchen, and a convenient ground floor bathroom, all of which are ripe for modernization. Upstairs, you will find three spacious bedrooms accessed from a central landing, ideal for creating a comfortable family living space. The property also boasts a modest rear courtyard with an outdoor shed, providing additional storage options. While the house currently requires refurbishment throughout, this offers the new owner the chance to tailor the interior design to their personal style or optimize it for rental potential. Located within easy reach of local amenities and transport links, this property is full of possibility.

Investment Analysis

(LE5 area)

Below Market Value

This property is priced -21.5% below area average per sq ft

-21.5%
Potential saving
This Property
£223/sq ft
Area Average
£284/sq ft
Avg Rent (weekly)
£246
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£280,321
10% above area average per sq ft
Potential ROI
+24.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
41
Average per month
Market Turnover
13%
Properties sold annually

Local Market Trend (LE5)

Area prices are stable by -1.8% over the last 12 months
3 year growth: +3.5%
5 year growth: +13.3%
Investment Disclaimer: Analysis based on LE5 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Farnham Street, Leicester
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£756
Based on a loan of £150,000 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Stamp Duty Calculator

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